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Keywords : job recession common man
Activity:  61 views;  last activity : 07 06 2010 20:18:09 +0000

We see people are struggling to save their job in the current market scenario. The service companies are not getting projects. The products company are not able to sell the products. The money generation factor for an individual is either bare minimal or going down at a constant pace. How Can a common man survive this recession? What should be their DOs and Donts??

 
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1 Save and be optimistic!!
2 Continue to do what he was doing to survive prior to recession.
3 COMMON MAN HAS TO USE COMMONSENSES

Save and be optimistic!!

idea posted by Sumit Jayaswal Associate/Sr. Associate -(Technical), Cognizant Technologies Solutions

Recession or not, one should be very much optimistic and never give up hope. However, here are some ideas to cope up with recession.

  1. Save money. Do not do over expenditure. Do not go on shopping spree. Do not waste money in having exotic luncheons and dinners. Save money by using less power and waste less water. wasting resources such as power and water have many adverse effects. One of it is your bill. Try to spend money in a control manner. PLan out your budget and stick to it. Until some unforeseen situation occurs.
  2. Be optimistic. Do not lose heart if you are not getting a raise or even if your salary is cut down. Be optimistic that things will change and things WILL surely change over time.
  3. Learn more. One of the major effects of recession is that it has increased the competition. Now for one job several people are contesting. You might lose job cos you are not keeping with time. Be ahead in knowledge. Try to read and learn. Give extra effort at office. try to get recognized in office. whenever you get time. Read read read and read.

Just know that Change is the only permanent thing. Everything else is volatile.

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Yogendra, I can understand where this question is coming from. Its actually related to supply and demand. But what i meant to say is do buy stuff which is just necessary. I am only saying to control the expenditure. Not to go on a shopping spree. Not to buy stuffs which you do not actually need at that point of time. Also, the product companies should anticipate this and do not over produce and fill their stocks. that way they can also control their expenditure.

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I support this IDEA........but I have one confusion/question........If many people minimise their expenditure than it will result in reduced demand which can cause more serious recession.....?????

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Continue to do what he was doing to survive prior to recession.

idea posted by Devi Kaladeen Audit Manager, Health Sector Development Unit

This depends if the recession has affected the common man in any way.These people live simply lives so even if there is a rise in prices they will know how to make ends meet.

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That is exactly the way! Well said Ms. Kaladeen

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COMMON MAN HAS TO USE COMMONSENSES

idea posted by Parvez Abdul Rauf AKB

DO'S

1>CONTINUE THE EFFORTS ON SAME COMPANY AS WEL AS SEARCH FOR BETTER PROSPECTS LIKA DUCK WHICH SWAMS WITH PEACE UNDERWATER PADDLING FOR TO PROGRSS ITS LIFE OF JOURNY ON WATER.

2> BE IN YOUR FRIENDS CIRCLE FRIENDS WILL ADD TO YOUR LIFE AND THEY CAN BRING MIRACLE FOR YOU WHEN U LOOSE JOB!

3> SPEND YOUR INCOMS ON PRIORITY NOT ON ALL NEEDS.

4> GO HAND IN HAND WITH U R BOSSES/SUPERIORS.

 

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by Pragya Kothari, Construction-Heavy, DLF  | 01 29 2010 11:24:08 +0000

Parvez your idea looks silly but it is the fact. I throughly agree with the points you have mentioned. Not only in recession but to handle any situation, we can use our common sense to find solution. It is the best way.

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